National Debt

Open Thread: With Debt Limit Deal Passed, Will Geithner Resign
August 3rd, 2011 11:07 AM
In June, the Treasury Department announced that Treasury Secretary Tim Geithner was considering resigning once the debt crisis was averted. With the debt limit deal passed yesterday, the speculation of his departure date is once again making the airwaves.
Leaving now would allow Geithner to leave on a much better note than he could have, but could also create a vacancy in an important cabinet…

Scarborough Rails Against House Republicans That Opposed Debt Ceiling
August 3rd, 2011 10:40 AM
Joe Scarborough on Wednesday railed about House Republicans that opposed Monday's debt ceiling agreement.
Although he agreed the final package "when it comes to actual debt savings [was] a real nothing-burger," the host of MSNBC's "Morning Joe" said GOPers that voted "No" are "going to have to understand if they’re going to stay in the majority they’re going to have act more responsibly than…

CBS’s Pelley Chafes: ‘Only Budget Cuts and No Relief for Those Suf
August 3rd, 2011 9:24 AM
Framing a shortcoming in the debt deal as a liberal would and does, CBS Evening News anchor Scott Pelley on Tuesday night regretted the how “the last time the President and the Congress compromised on a major spending bill, Republicans got tax cuts and Mr. Obama won an extension of unemployment benefits,” but this time “there are only budget cuts and no relief for those suffering in this…

Matthews Blames Tuesday's Stock Collapse on Debt Agreement, Ignores Ba
August 2nd, 2011 11:18 PM
If the economy stagnates or falters in the coming months, it seems a metaphysical certitude Obama-loving media will do everything in their power to blame it on Tuesday's debt ceiling agreement rather than any of the other factors already in play.
MSNBC's Chris Matthews gave us a foreshadowing of such deception on "Hardball" when he blamed Tuesday's stock market collapse on the newly-signed…

Top Newspapers Warn Debt Deal’s Spending Cuts Will ‘Weaken’ and
August 2nd, 2011 11:14 PM
Remarkable uniformity amongst some major national newspapers on Tuesday as they simultaneously worried about how the supposed spending “cuts” in the debt-ceiling deal will harm the economy.
As USA Today put it the top of the “cover story” for the “Money” section: “Spending cuts could further weaken economy.”

Bozell Column: Brian Williams vs. the Tea Party
August 2nd, 2011 8:27 PM
You can tell the liberals are really sweating the politics of the debt-limit talks when NBC puts on a special “Dateline NBC” devoted to politics. This is normally a time slot devoted to “news” topics like Casey Anthony or Lindsey Lohan. But last week, viewers were “treated” to anchorman Brian Williams actually covering a real news topic. It’s just too bad he forgot he was supposed to be a…

Chris Matthews: 'Thug' Republicans Are 'Muggers' Who 'Assault' Obama
August 2nd, 2011 6:25 PM
Chris Matthews doesn't seem to be running out of violent imagery to use in his smears against the Republican Party. On Tuesday, the Hardball host bombarded the GOP, comparing them to "muggers" who assaulted Barack Obama during the debt limit standoff.
Explaining his current metaphor, Matthews slammed, "What we saw, what I saw at least, was one guy with a knife and the other trying to avoid…
NPR Asks Republican Why GOP Threatened to ‘Torpedo the Economy’ o
August 2nd, 2011 5:07 PM
As the debt ceiling “compromise” progressed on August 1, NPR revealed its slant against the bill in interviews with Rep. David Dreier, R-Calif., and Sen. Claire McCaskill, D-Mo.
But it was the phrasing of one particular question during Dreier’s interview that prompted more than 20 listener complaints that called it “hostile, “rude” and proof of “liberal bias,” according to the response by NPR…

CBS's O'Donnell Suggests Obama's Reelection is a Done Deal
August 2nd, 2011 4:24 PM
CBS's Norah O'Donnell played the role of a clairvoyant on Tuesday's Early Show as she hinted that President Obama's reelection is assured in 2012. Anchor Erica Hill asked O'Donnell how the White House viewed the debt ceiling bill. She replied, "I think they feel like this was... not necessarily a victory for the President. He did get an extension of this debt ceiling through 2012 and through…

Hypocrite Scarborough Laments Media Comparing Tea Party to 'Terrorists
August 2nd, 2011 2:56 PM
MSNBC's Joe Scarborough on Tuesday mourned the "absolutely dreadful" behavior of journalists and politicians who have compared Tea Party Republicans to "terrorists," among other things. But as NewsBusters previously reported, the "Morning Joe" co-host repeatedly ignored such transgressions when they occurred on his own show.
[Video follows page break]
Scarborough, Heilemann Trivialize Defense Cuts: 'Martians Could Invade
August 2nd, 2011 2:56 PM
On Morning Joe's coverage of the debt ceiling deal, Joe Scarborough trivialized potential defense cuts by joking that the money is needed to repel extraterrestrial invasion. "I understand why some neocons are very upset because the Martians could invade any time, and so do we need to have a bigger defense budget than every other country on the planet, because when the Martians do come, we want…

CBS and ABC Ignore Biden 'Terrorist' Dust Up; NBC Only Promotes His De
August 2nd, 2011 1:16 PM
On Monday, Politico reported that "several sources" in a private meeting of House Democrats confirmed that Vice President Joe Biden accused Tea Party Republicans of having "acted like terrorists." CBS and ABC completely punted the story on their evening and morning newscasts. NBC made mention of the controversy, but only to further Biden's denial of having made the comment.
CBS's omission…
Obama Is Fresh Out of Ideas
August 2nd, 2011 12:49 PM
One of the most striking facts about the course of the Obama presidency so far is that Obama has no constructive solutions for anything, which is one reason he campaigned on vague promises. It's why he established bogus metrics, such as "saved or created jobs."
It's also why he's always pointing the finger of blame on others for his policy failures. Everyone knows by now that Obama's reckless…

George Stephanopoulos Worries That Tiny 2012 Budget Cuts Will 'Hurt' t
August 2nd, 2011 11:44 AM
Apparently, cutting a $3.7 trillion budget by $21 billion will hurt the economy. Talking to Treasury Secretary Tim Geithner on Tuesday, Good Morning America's George Stephanopoulos worried about the just-agreed to debt deal: "But, don't you think that any deficit reduction now will hurt the attempts of the economy to recover?"
The former Clinton White House official turned journalist…